What to do if your company goes bankrupt and you're adding it to your résumé

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If your company goes bankrupt, it's not a black mark on your résumé — unless you were in charge

is the first order of business in any job search, but the task is more delicate when your last employer is out of business

Be upfront, not defensive."And be transparent — but on a need-to-know basis," said Susan Peppercorn, an executive coach and career strategist in Boston. Don't worry about being judged for having a sullied name on your résumé, experts told Insider. But not every company implosion is front-page news — and not every hiring manager will necessarily know that your last company went under.

"It helps put your situation into context from the perspective of a résumé reader," she said, adding that this is especially important if you'd been at the company for less than a year."Otherwise, there'd be a question of why you're leaving after only three or six months.

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